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So you've made comments about getting out of the appraisal business. If you're not doing that for a living then what are you doing?
 
So you've made comments about getting out of the appraisal business. If you're not doing that for a living then what are you doing?

Not doing anything right now. Taking a hard look at adult day care business. Have some interest in Cannabis industry and looking into that.
 
Chances of a fourth rate hike this year just took a big jump higher
  • Chances of four interest rate hikes this year moved to nearly 50 percent on the CME's FedWatch tracking tool.
  • The move comes as the 10-year Treasury note yield closes in on 3 percent and more signs of inflation emerge
https://www.cnbc.com/2018/04/23/the...5050-chance-of-four-rate-hikes-this-year.html

The cost of borrowing is going up. And for all those corporations that borrowed the money to buy back stock or to pay dividends, rolling over that debt when it comes due is really going to negatively impact your earnings.
 
MW-GH753_bond_s_20180421125203_ZH.png


Government bond yields climbing and a shrinking gap between short-term and long-term Treasury rates have prompted some consternation on Wall Street, driving equity prices lower as investors fret about what these dynamics mean for U.S. economic growth as it enters its ninth year of expansion.

2yr - 10 yr.gif

Fears about a so-called flattening yield curve have taken center stage, with investors fixated on the gap between the 2-year Treasury notes TMUBMUSD02Y, +2.07% and the 10-year benchmark TMUBMUSD10Y, +0.51% which last Tuesday touched the narrowest point—41 percentage points—in more than a decade.

The yield curve is often tracked as a measure of sentiment about the economy’s overall health. In a normal environment, the shape of the curve steepens because investors tend to demand a higher yield for lending further into the future, while a flattening curve is read as a sign that investors are worried about the longer-term outlook. An inverted curve, where shorter-dated yields exceed those for longer-dated debt, a dynamic known as inversion, rings alarms because it has faithfully preceded all recessions since 1960.

https://www.marketwatch.com/story/t...ut-the-bond-marketbut-should-it-be-2018-04-21

Not to worry, 9 years of an expanding economy and a Federal Reserve that is jacking up interest rates while draining the money supply means absolutely nothing! :rof:
 
Not doing anything right now. Taking a hard look at adult day care business. Have some interest in Cannabis industry and looking into that.

Look into doggie daycare. Easier money, people (my brother and daughter) pay through the nose for this.
 
Look into doggie daycare. Easier money, people (my brother and daughter) pay through the nose for this.

I like adult daycare because most people that participate go every day for years. It's very stable if you can provide a good environment. Then you bill medicare.
 
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I like adult daycare because most people that participate go every day for years. It's very stable if you can provide a good environment. Then you bill medicare.

I can buy that side of it. The part I don't care for is the insurance requirements and the high labor costs of the trained individuals that are needed.

If it works for you, I'd go for it.
 
I can buy that side of it. The part I don't care for is the insurance requirements and the high labor costs of the trained individuals that are needed.

If it works for you, I'd go for it.

Yeah, it is more involved than doggie daycare.
 
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